Support: 18038, 18000
Resistance: 18150, 18270
Game Plan: Charging towards downtrend line again as the range gets narrower between 18050 and 18150. Fireworks either side await but bias is to upside with seasonality positive this week
Support: 2120, 2114
Resistance: 2141, 2160
Game Plan: Held crucial 2120 once again and what can’t go down shall go up. 2140 is where all bears likely camp. If Dow breaks downtrend, look for S&P 500 to converge and break above as well
Support: 4784, 4760
Resistance: 4850, 4883
Game Plan: On cusp of breaking descending wedge and could squeeze towards broken up channel on confirmation.
Support: 46.65, 46.2
Resistance: 47.7, 48.9
Game Plan: Plunged through descending channel to just above the LT trendline and bounced. Still very bearish and should sell rips towards descending channel. Buy dips for quick scalp trade towards 46.2
Support: 1268, 1260
Resistance: 1282, 1303
Game Plan: Remains bounded by top of the up channel. Keep trading the range inside the channel until it breaks out.
10-Yr Treasury Note
Resistance: 129.64, 129.94
Game Plan: Bounce failed at early Oct swing lows, should head back to recent bottom
US Dollar Index
Support: 98.21, 98.1
Resistance: 99, 99.4
Game Plan: Tight range in a mini megaphone. Wait for market to digest deluge of US economic data and FOMC before jumping in.
Support: 17300, 17160
Resistance: 17500, 17565
Game Plan: Not backing down after breaking ascending wedge. As it’s highly correlated to USD/JPY. Wait for reaction to US economic data and FOMC before jumping in
Support: 104.6, 103.9
Resistance: 105.5, 105.98
Game Plan: Defended confluence of trendline supports on Sunday gap down, and now looks headed back to top of ascending channel. Technically bullish unless it drops under 104.6.
Support: 1.0954, 1.0919
Resistance: 1.10, 1.1022
Game Plan: Technicals turning bullish after breaking back above the key swing point 1.095. Today defended 1.095 again and looks headed above 1.10
Support: 1.2141, 1.2100
Resistance: 1.2267, 1.2311
Game Plan: Continue grinding sideways in a horizontal range, but very strong post-flash crash downtrend looms that will put a lid to the upside. Trade the ranges and short on test of downtrend.
Support: 0.7558, 0.7518
Resistance: 0.7684, 0.77
Game Plan: Directionless trading in past month, and upside breaks have been fake outs. Trade the wide descending wedge both sides.
Support: 1.3385, 1.3308
Game Plan: Still can’t break loose after taking out swing highs from earlier October, bounded by upper channel line and in a tight range. Buy on break above 1.3435 or at 1.3300